The AUD/USD pair fell during the session on Wednesday due to the FMOC announcing its bond buyback purchase program being shrank slightly. The Australian dollar continues to show weakness overall, and the fact that we broke down...
AUDUSD continues its downward movement from 0.9168, and the fall extends to as low as 0.8820. Initial resistance is at 0.8900, as long as this level holds, the downtrend remains, and next target would be at 0.8750...
The AUD/USD pair fell during the session on Tuesday, but found enough support at the 0.89 handle in order to cause a little bit of a bounce towards the end of the session. Nonetheless, we see quite...
AUDUSD’s downward movement from 0.9756 (Oct 23 high) extended to as low as 0.8882. Further decline to test 0.8847 (Aug 5 low) support is still possible. Initial resistance is at 0.8970, and the key resistance is located...
AUD/USD is testing a key support level at the moment, as the .8950 level is in line with the pair’s lows for the year. Stochastic is pointing up, indicating a potential bounce but fundamental factors are hinting...
The AUD/USD pair went back and forth during the session on Monday, essentially doing nothing at the end of the day. As we ended the day basically unchanged, this market looks like it’s still comfortable being below...
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9756 (Oct 23 high), and the fall extended to as low as 0.8909. Resistance is located as the upper line of the...
AUDUSD is facing 0.8847 support, a breakdown below this level will indicate that the downtrend from 1.0582 (Apr 11 high) has resumed, then next target would be at 0.8500 area. Initial resistance is located at the downward...
The AUD/USD pair bounced during the session on Friday, but as you can see is still well below the 0.90 level. That area should offer a bit of resistance, and as a result we would not take...
The AUD/USD pair initially rallied slightly on Thursday, but fell hard below the 0.90 level in order to signal that we are going much lower. This support area didn’t hold at all, and as a result we...
